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Fakeout

DeFi

A fakeout is when the price of a cryptocurrency briefly moves in one direction, making traders believe a new trend is starting, but then quickly reverses back, showing that no real trend was happening.

A fakeout is when the price of a cryptocurrency briefly moves in one direction, making traders believe a new trend is starting, but then quickly reverses back, showing that no real trend was happening.

Top tokens on optimism

  • USDC
    USDCUSD Coin
    $1.00$9.99M
  • WETH
    WETHWrapped Ether
    $1.79K$8.33M
  • USDT
    USDTTether USD
    $1.00$3.37M
  • WBTC
    WBTCWrapped BTC
    $63.84K$2.56M
  • wstETH
    wstETHWrapped liquid staked Ether 2.0
    $2.22K$885.08K
  • USD₮0
    USD₮0USD₮0
    $1.00$439.19K
  • DAI
    DAIDai Stablecoin
    $1.00$386.44K
  • USDC
    USDCUSD Coin
    $1.00$321.34K
  • EURC
    EURCEURC
    $1.14$314.47K
  • OP
    OPOptimism
    $0.10$269.23K